Gerdau (NYSE:GGB) reported quarterly earnings of $0.15 per share which met the analyst consensus estimate. This is a 114.29 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $3.534 billion which beat the analyst consensus estimate of $3.350 billion by 5.49 percent. This is a 14.26 percent increase over sales of $3.093 billion the same period last year.